Sensex Today : Nifty Open Lower Amid Weak Global Cues
The Indian stock market is in the loss of losses on Monday. Benchmark Indexes began to be mixed. The Sensex had closed at 36,585, up 39 points from its previous record closing 36,546 points. The Nifty opened trading at 10,930, a loss of 13 points over its previous record closing 10,943 points.
At 9:37 am, the Sensex dipped 139 points to 36,407, while Nifty tumbled 58 points to 10,885. Market experts say that weak international signals have had a negative impact.
In the Nifty 50, Cipla, Tata Steel, Tech Mahindra, Kotak Mahindra Bank, Infosys, TCS, Wipro, Bharti Infratel, HDFC Bank and HDFC Bank are among the beneficiaries. Cipla and Tata Steel gained almost 2 per cent each.
At the same time, India’s housing finance, ONGC, M & M, Dr Reddy’s Laboratories, GAIL, Yes Bank, HPCL, Hindalco, L & T, India’s housing finance has fallen by 4 per cent. ONGC, M & M and Dr. Reddy’s Laboratories dropped in the range of 2 to 3 percent.
Sectoral Indexes are mixed together. Except for a single Nifty IT, all other Indexes are in loss. Nifty Auto, Nifty FMCG, Nifty Metal and Nifty Pharma Index were the most losers.